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and they are saying big trucks may be returning to the road as the economy improves. >>> they are investigating companies that make cell phone apps to determine if they are violating the privacy rights of children. spying apps can capture a child's physical location phone numbers and more. they did not specify which companies it is investigating. >>> fedex is expecting the busiest day ever today. they will process up to 200 packages per second. 19million are expected to be used today alone. it is increasing shopping fueled by online shopping making this the busiest time in fedex's history. >> the increase in online shopping has spilled over and people are getting and shipped to fedex. he is working hard to deal with over 15 percent more packs -- they are working hard to deal with over 15% more packages than last year. >>> this adds quite a beautiful shot over the bay. i only see light winds across the bay area. satellite radar is showing you blue and clear skies overhead and this will be the case for today but our dry mild days are numbered. we have a system coming our way. i want to show you t
and they are saying big trucks may be returning to the road as the economy improves. >>> they are investigating companies that make cell phone apps to determine if they are violating the privacy rights of children. spying apps can capture a child's physical location phone numbers and more. they did not specify which companies it is investigating. >>> fedex is expecting the busiest day ever today. they will process up to 200 packages per second. 19million are expected to be...
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right to the edge of fiscal cliff. >> he said democrats are slow walking the economy to the fiscal cliff, yet, this is the same republican leadership that has the house in session barely a day. barely a full day this week. >> the fiscal cliff is the term that is given to a set of spending cuts and tax increases that will take effect in january if congress does not act to stop them. >>> investigators are trying to determine what happened before a football fan fell or jumped from the third deck at the oakland coliseum. he fell to the concourse during last night's broncos, raiders game and taken to the hospital with serious injuries. they called it an accident and it remains under investigation. >> the rails are like three to 4 feet. if you don't pay attention, you can fall. he fell yesterday. >> the raiders did issue a statement. the team had no information beyond what authorities are releasing. their thoughts and prayers are with the family and friends. >>> coming up in a few minutes, roger good dell will say where the raiders shall play in the future and who would pay to build a new stad
right to the edge of fiscal cliff. >> he said democrats are slow walking the economy to the fiscal cliff, yet, this is the same republican leadership that has the house in session barely a day. barely a full day this week. >> the fiscal cliff is the term that is given to a set of spending cuts and tax increases that will take effect in january if congress does not act to stop them. >>> investigators are trying to determine what happened before a football fan fell or jumped...
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they say the number will not go back up any time soon because of our declining economy. >>> the dutches was released from a london hospital. this is new video of her lifing with prince william. the palace reports she is pregnant with their first child and is less than 12 weeks pregnant. the hospital is apologizing after getting tricked into diverging -- divulging her condition. they called the hospital pretending to be the queen and prince charles. the dutches nurse divulged her condition and sleeping pattern. >>> ahmed wali karzai has made harsh criticisms about the united states and that story is coming up this morning. >>> and john macphee could be released after entering you' all mall illegal -- guatemala illegally. he said he left belize to escape police persecution. >>> a man pushing another man to his death has been arraigned. he was taken to custody on tuesday. they caught the confrontation on tape monday. davis reportedly told the police, the victim would not leave me alone so i pushed him. >>> narcotics will face a minimum of 10 years in prison when he is sentenced. he was acc
they say the number will not go back up any time soon because of our declining economy. >>> the dutches was released from a london hospital. this is new video of her lifing with prince william. the palace reports she is pregnant with their first child and is less than 12 weeks pregnant. the hospital is apologizing after getting tricked into diverging -- divulging her condition. they called the hospital pretending to be the queen and prince charles. the dutches nurse divulged her...
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this could be a good thing for the economy. > > you did get my list then. i am very happy about that. > your gift just became so much more expensive phil. > > thank you. > good to have you on the show this morning. happy holidays. > > thank you. you too. up next, cisco systems is prime to buy another company. what that means for the stock. andrew keene, president of keeneonthemarket.com, joins us now for a closer look at cisco systems. good morning, and what do you think about this stock? > > it is interesting. it's trading at $19.35, which is above the major moving averages - the 100-, 150-, the 200-day is right around this $18.50- $18.80 level. so that is positive. however, it has gotten up to $19.75 and found sellers at that level, so it is kind of trading right in the middle. tom chambers came out and said he would be interested in buying more companies. we looked at hpq, which is one of their competitors, bought autonomy, and that was an absolute disaster. so, do they want to dilute their p/e? they are currently trading at about a 12 p/e. if they go in
this could be a good thing for the economy. > > you did get my list then. i am very happy about that. > your gift just became so much more expensive phil. > > thank you. > good to have you on the show this morning. happy holidays. > > thank you. you too. up next, cisco systems is prime to buy another company. what that means for the stock. andrew keene, president of keeneonthemarket.com, joins us now for a closer look at cisco systems. good morning, and what do you think...
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. >>> analysts are pointing to new car sales in november as another indication of an improving economy. some bay area dealerships may be out ahead of the trend. >>> u.s. car sales were up in november. >> confident. >> reporter: he says it's one of several indicaters the economy is recovering. >> the unemployment rate is declining slowly. gdp continues to grow. it looks like the housing market nationally may have bottomed out. it's a recovery, albeit perhaps a fractioned recovery. >> reporter: chrysler led detroit based automakers, up 14%. >>> the silicon valley auto dealers association represents about 60 santa clara county dealerships. the group won't have november numbers for another couple of weeks, but says so far this year, it's beating the national trend. >> certainly, we're seeing increased sales. again, some 25% year to date this year. >> reporter: this family owned buick dealership sold six cars over the weekend, including an acadia suv. they call that a good weekend, especially considering the rain. >> the whole question of what's going to happen in washington with these nego
. >>> analysts are pointing to new car sales in november as another indication of an improving economy. some bay area dealerships may be out ahead of the trend. >>> u.s. car sales were up in november. >> confident. >> reporter: he says it's one of several indicaters the economy is recovering. >> the unemployment rate is declining slowly. gdp continues to grow. it looks like the housing market nationally may have bottomed out. it's a recovery, albeit perhaps a...
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suggests a modestly improving economy there. right now though most of the major european markets are trading down. checking in on our numbers the futures do indicate a lower opening here as well. a lot is going to depend on the next ten minutes. 11 minutes from now when the employment report comes out. see what happens there. small gains as you can see yesterday across the board for the dow, nasdaq, and s & p. >>> remember that card we talked to you about the gift card star buck stainless steel gift card goes on sale today. and also as the copy chain plans to open 1500 new locations. so people like starbucks. >>> time now 5:20. new problems this morning for katt williams. there is a new arrest warrant. we'll also tell you what his managers are saying about claims he has retired. >>> plus a new push to change airline policies. how it's connected to the growing popularity of e readers and tablets. >>> you can wake up with ktvu every morning get the mornings top stories that developed while you were sleeping sent straight to your c
suggests a modestly improving economy there. right now though most of the major european markets are trading down. checking in on our numbers the futures do indicate a lower opening here as well. a lot is going to depend on the next ten minutes. 11 minutes from now when the employment report comes out. see what happens there. small gains as you can see yesterday across the board for the dow, nasdaq, and s & p. >>> remember that card we talked to you about the gift card star buck...
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from everyone, but a little more from those who can afford it the most of the it's only way to put our economy on a sustainable panel without asking even more from the middle-class. >> florida senator marco rubio responded with a call for limited government, reform in the tax code and the goal of creating new taxpayers, not new taxes. >>> president obama has outlined what corporations can do to help the nation celebrate his inaugural in january. while taxes pay for the swearingin, festivities are privately funded new hampshire 2009 mr. obama refused corporate donations and he is now accepting them in packages up to $1 million. . >>> former south of canpresident nelson mandela was admitted to a hospital. current president of south africa says there was no cause for alarm by the4-year-old's health. mandela spent 27 years in prison for fighting fighting apartheid in south africa. >>> two dozen teens work on ideas at castro library this afternoon. >> it's really interesting ideas at inspection and around places like parks. >>> the winning app is called book it and would allow users to reserve mate
from everyone, but a little more from those who can afford it the most of the it's only way to put our economy on a sustainable panel without asking even more from the middle-class. >> florida senator marco rubio responded with a call for limited government, reform in the tax code and the goal of creating new taxpayers, not new taxes. >>> president obama has outlined what corporations can do to help the nation celebrate his inaugural in january. while taxes pay for the...
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illegal immigration will not go back up any time soon because of our declining economy. >>> head coach dennis allan will be back with the team. allan came back to the bay area from texas and spent final moments with his father. grady allan died tuesday at the age of 66. >>> and 49ers take another step closer to finishing their stadium. coming up, the signing ceremony will mark a very special occasion. >>> and right now checking on traffic, there is definitely some fog out there. tara sees it on the san mateo bridge. >>> we saw some of it in that area and it is in patches and doesn't seem to be too bad. that is so we just want to make sure folks are aware of it and we will head out to the toll plaza. that is the most congested spot. we see a fire truck and we have a wait here which extends almost to the mcarthur maze, so give yourself an extra 15 minutes to get to san francisco. you can see traffic is moving nicely in both directions here and then in the south bay, this is 237 milpitas, folks are headed westbound towards sunny veil and it's a little bit of a delay, here is steve. >>> we
illegal immigration will not go back up any time soon because of our declining economy. >>> head coach dennis allan will be back with the team. allan came back to the bay area from texas and spent final moments with his father. grady allan died tuesday at the age of 66. >>> and 49ers take another step closer to finishing their stadium. coming up, the signing ceremony will mark a very special occasion. >>> and right now checking on traffic, there is definitely some fog...
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. >>> stocks edged lower on fears the threat from the fiscal cliff might put a damper on the economy. the dow is down 59 to 12,965. the nasdaq is down 8 at 3,002. the s&p is down 6 at 1,409. coming up at 5:45 p.m., car sales reach a level they haven't seen in years. plus the potential impact the fiscal cliff could have. >>> mitt romney is back at his old job. he is rejoining the board at mareiate international -- marriott international. they have a long standing friend ship. >>> coming up, we have shown you this sink hole developing, what they are doing get things back to order in this neighborhood. >> a nice break today. the rainfall ending, giving us a break but there are more showers headed our way. i will have the timing on the showers in 10 minutes. how do you do that? well, inside the brewer, there's this train that's powerful enough to carry more coffee and fresh water to make coffee that's stronger and bigger... and even hotter! actually, i just press this button. brew the coffee you love -- stronger, bigger, or hotter -- with the keurig vue. u-verse high speed internet. you k
. >>> stocks edged lower on fears the threat from the fiscal cliff might put a damper on the economy. the dow is down 59 to 12,965. the nasdaq is down 8 at 3,002. the s&p is down 6 at 1,409. coming up at 5:45 p.m., car sales reach a level they haven't seen in years. plus the potential impact the fiscal cliff could have. >>> mitt romney is back at his old job. he is rejoining the board at mareiate international -- marriott international. they have a long standing friend...
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economy as much as $1 billion a day. >>> in our continuing cover repblg of the if fiscal cliff, treasure secretary bluntly re-- continuing coverage of the fiscal cliff. treasure secretary bluntly reject today. >> they cost $1 trillion over 10 years and no possibility that we are twoing to find going to get it without it going back up. >> seven weeks between election day and the end of the year. and three of those weeks have been wasted. >> the house speaker want on to say he was flabbergasted by the plan. they say tell take another week for serious negotiations to begin. >>the supreme court may announce tomorrow if it will review california's prop 8 case over same sex marriage. the justices met behind chosed doors on friday but took no action on prop 8 or other casees. if the court declines to review prop 8 it will be immediately legal for same sex couples to marry in california f. it takes it up for review a final decision can change it up in every state. >> lawmakers in sacramento begin a new section with promises not to raise taxes. democrats won a majority in both houses in the elect
economy as much as $1 billion a day. >>> in our continuing cover repblg of the if fiscal cliff, treasure secretary bluntly re-- continuing coverage of the fiscal cliff. treasure secretary bluntly reject today. >> they cost $1 trillion over 10 years and no possibility that we are twoing to find going to get it without it going back up. >> seven weeks between election day and the end of the year. and three of those weeks have been wasted. >> the house speaker want on to...
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it shows the economy added 146,000 jobs. many predicted fewer than 100,000 jobs. the unemployment rate fell to a four year low, 7.7%. that is down from 7.9% in october. the news on jobs drove up the dow today, the dow is up 81 to 13,155. the nasdaq is down 11 at 2,978. concerns about apple's future were blamed. >> how the tech industry is helping local businesses expand. >> temperatures in the mid-40s tomorrow. the changing conditions you can expect. >> and a string of attacks on women in a bay area city. >> people should be aware. >> the clue that could lead to the suspect. ♪ because we know how much you do to make the holidays just right. from ornaments to ottomans, memories are made with ikea. >>> a skateboarder died after being struck by a vehicle. it happened at 4:30 p.m. police say the skateboarder a 41-year-old was -- 21-year-old was in a cross walk when he was struck. >>> police are warning women to be on alert as they search for a man responsible for raping two women and attempting to assault a third. ktvu's amber lee asked police why it took them month
it shows the economy added 146,000 jobs. many predicted fewer than 100,000 jobs. the unemployment rate fell to a four year low, 7.7%. that is down from 7.9% in october. the news on jobs drove up the dow today, the dow is up 81 to 13,155. the nasdaq is down 11 at 2,978. concerns about apple's future were blamed. >> how the tech industry is helping local businesses expand. >> temperatures in the mid-40s tomorrow. the changing conditions you can expect. >> and a string of attacks...
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economy. , introducing at&t u-verse high speed internet with more speed options, reliability and wi-fi hot spots than ever. call at&t now to get u-verse high speed internet for as little as $14.95 a month for 12 months with a one-year price guarantee. it's the fastest internet for the price. our newly expanded advanced digital network gives you more of what you enjoy online. and with at&t, our wireless gateway turns your home into a private wi-fi hot spot that connects your wi-fi devices and can even save on your smart phone data usage at home. so call now to get at&t u-verse high speed internet for just $14.95 a month for 12 months with a one-year price guarantee. that includes access on-the-go to our entire national wi-fi hot spot network, with over 30,000 hot spots. at&t u-verse high speed internet. now on our newly expanded advanced digital network, a connection your whole house can count on. ♪ your season is here. let's just call it the baking time of year. you need special ingredients. you need the staples. that's a given. you need safeway sugar for just $1.97. and that magic t
economy. , introducing at&t u-verse high speed internet with more speed options, reliability and wi-fi hot spots than ever. call at&t now to get u-verse high speed internet for as little as $14.95 a month for 12 months with a one-year price guarantee. it's the fastest internet for the price. our newly expanded advanced digital network gives you more of what you enjoy online. and with at&t, our wireless gateway turns your home into a private wi-fi hot spot that connects your wi-fi...
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economy into another recession. >>> people on both sides of the controversial same sex marriage issue will be closely watching the u.s. supreme court this morning. just an hour and a half from right now the high court is due to release another list of cases. coming up at 5:15 what it will mean if california's proposition 8 is on that list and what it means if it's not. >>> muni and other agencies are thinking about a controversial plan when it comes to their fair rates. muni is considering basing how much people pay on how much money they earn. according to the examiner some people don't think it's fair that people who are struggling to pay their bills have to pay $64 for a monthly pass while senior citizens who have more money are only paying $22 for the same fair. now this newest plan was triggered by the debate over providing free muni passes to low income youth. >>> 5:04 is the time. we are still talking about that accident in livermore. let's go to tara. >> this is on 580 eastbound. it happened at flin road. we had a high speed chase involving two chp patrol cars. one ended up fl
economy into another recession. >>> people on both sides of the controversial same sex marriage issue will be closely watching the u.s. supreme court this morning. just an hour and a half from right now the high court is due to release another list of cases. coming up at 5:15 what it will mean if california's proposition 8 is on that list and what it means if it's not. >>> muni and other agencies are thinking about a controversial plan when it comes to their fair rates. muni...
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it is down more than 20% on the year and lists blame technical concerns, the global economy and today's court hearing in the battle against samsung for yesterday's drop. >>> a gay blocker will be there because of a controversial photo, we will have more on what a judge has ordered. >>> a new perfect fume that could make you hungry, we will have more on the fast food chain that is launching the product, stay tuned. ñsxóxgñ . >>> welcome back to the ktvu channel 2 morning news, a new jersey congressman is calling for tighter regulations after that derailment and chemical spill. they say they cannot regulate themselves and they say the crash released vinyl chloride into the air and forced many people from their homes. >>> they will continue to collect and sort items. now the city said ash bury is going to shut down and workers say they have now been told to comply. he took a photo as he pleaded not guilty to disorderly conduct and skott weaner was found inside a bathroom last october. he criticizes him and that photo did not overstep any boundaries. >> we will be fighting this case and
it is down more than 20% on the year and lists blame technical concerns, the global economy and today's court hearing in the battle against samsung for yesterday's drop. >>> a gay blocker will be there because of a controversial photo, we will have more on what a judge has ordered. >>> a new perfect fume that could make you hungry, we will have more on the fast food chain that is launching the product, stay tuned. ñsxóxgñ . >>> welcome back to the ktvu channel 2...
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. >> the way the economy is right now i could lose this at any moment because i have no customers. and to bring in another type of a person to come in my establishment, is a place for me. >> reporter: he admits the movie to get him on the fed's radar. marijuana is still illegally federally and the president is reportedly meeting with key members of his administration to figure out how to respond to our state's new reatch the options include prosecuting low- level users, something that the feds haven't do, filing suit against the state, or even cut off federal funding to the state. >> i would feel those would be extreme moves, and wore inappropriate. >> reporter: state senator frazier urges the president to respect the voters of washington. >> who knows? maybe we are the first of many states that are going to do this and 100 years ago, this is what happened with the women's right to stretch was against the federal level for women to vote and a few states marched ahead. >> reporter: a political science professor said, "my sense is that they will look the other way, but find a couple
. >> the way the economy is right now i could lose this at any moment because i have no customers. and to bring in another type of a person to come in my establishment, is a place for me. >> reporter: he admits the movie to get him on the fed's radar. marijuana is still illegally federally and the president is reportedly meeting with key members of his administration to figure out how to respond to our state's new reatch the options include prosecuting low- level users, something...
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treasury secretary, tim geithner said the administration is quote, absolutely ready to let the economy go over that cliff, rather than drop the higher tax rates for top earners. president obama also told a group of ceos, he won't republicans inject the threat of a government default into the current negotiations. >> that is a bad strategy for america. it is a bad strategy for your businesses, and it is not a game that i will play. >> in spite of the rhetoric, president obama and house speaker john boehner did speak by phone today for the first time in days. neither side is revealing what they discussed. >>> on wall street, stocks ended mixed with a fiscal cliff. the dow industrials gained 82 points amid optimism about a deal in washington perhaps in the next week. the tech heavy nasdaq fell 22 led lower by apple. its shares were 6% lower. apple's largest loss in a year. apple shares lost $37 to close at 538 and change. still apple stock is up more than $100 since the start of the year. >>> meantime, citigroup announced plans to cut 11,000 jobs, or 4% of its workforce. the company says
treasury secretary, tim geithner said the administration is quote, absolutely ready to let the economy go over that cliff, rather than drop the higher tax rates for top earners. president obama also told a group of ceos, he won't republicans inject the threat of a government default into the current negotiations. >> that is a bad strategy for america. it is a bad strategy for your businesses, and it is not a game that i will play. >> in spite of the rhetoric, president obama and...
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country is on the right track and majority believe it's likely president obama will approve the the economy. >>> the national football league says it would help the oakland raiders build a new stadium. roger goodell says it's crucial the raiders improve their stadium situation and the national football league would help pay for a new one. the raiders and city of oakland have held talks about a new stadium but there is nothing certain yet. commissioner goodell said the raiders could share the 49ers new stadium but that deal would have to be worked out between those two teams. >>> bart is trying to do something for military veterans giving them some help in getting a job. the board of directors approved a new hiring policy yesterday. it gives military veterans a 5% chance over other possible perspective workers. the veterans have to have six months of active status and honorable discharge. they also have to pass an exam. the new policy begins at the beginning of the new year. >>> stretch of highway 1 that was closed down because of the recent wet weather could be back open today. it's between
country is on the right track and majority believe it's likely president obama will approve the the economy. >>> the national football league says it would help the oakland raiders build a new stadium. roger goodell says it's crucial the raiders improve their stadium situation and the national football league would help pay for a new one. the raiders and city of oakland have held talks about a new stadium but there is nothing certain yet. commissioner goodell said the raiders could...
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the economy added 146,000 jobs in november and the unemployment rate fell to a four-year low of 7.7%. coming up at 7:15, how this morning's job report impacts thefully negotiation -- impacts the fiscal cliff negotiation. >>> a youth group visiting florida got robbed. the group made of you of 24 teenagers and said they were eating in a restaurant in fort lauderdale, florida about an hour after they arrived for a weekend youth conference. they say thieves stole $12,000 cash. one member of the group was able to have money wired to them. so they were able to spend last night in a hotel. we have no word yet if that group will return to oakland today. >>> funeral services will be held this weekend for two teenaged girs shot to death in oakland last month. funeral services will be held for ra chef at cooper's -- raquel at cooper's and the girls were found last month near brookdale park. they had been shot as many as 36 times. no arrests have been made as of yet. >>> today is the 71st anniversary of the attack on pearl harbor. bay area survivors will mark the day by marking the been to on mt.
the economy added 146,000 jobs in november and the unemployment rate fell to a four-year low of 7.7%. coming up at 7:15, how this morning's job report impacts thefully negotiation -- impacts the fiscal cliff negotiation. >>> a youth group visiting florida got robbed. the group made of you of 24 teenagers and said they were eating in a restaurant in fort lauderdale, florida about an hour after they arrived for a weekend youth conference. they say thieves stole $12,000 cash. one member...
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investors continue to take a cautious approach with the economy and looming fiscal cliff and the surprise announcement that italy's prime minister is going to resign. that's putting stress on europe's efforts to get control of the its crisis. >>> there are new and serious problems with apple maps on the iphone. police in mildora, australia say they've been having to rescue people because apple maps say it is located in a national park 40 miles away. some drivers have been stranded in the park without food or water while looking for mildura. others have had to walk through temperatures of 150 degrees. apple has promised to fix the app. >>> this big rig fire -- the big rick burst into flames early this morning -- big rig burst into flames early this morning. it happened in san leandro after the truck ran into power lines. two people were in the truck, they escaped safely, thanks to the quick thicking of the driver who happened to have been a volunteer firefighter. >>> a man and woman were found bound and gagged in a san francisco street. that man has since died. the two were tied -- found t
investors continue to take a cautious approach with the economy and looming fiscal cliff and the surprise announcement that italy's prime minister is going to resign. that's putting stress on europe's efforts to get control of the its crisis. >>> there are new and serious problems with apple maps on the iphone. police in mildora, australia say they've been having to rescue people because apple maps say it is located in a national park 40 miles away. some drivers have been stranded in...
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. >>> and john mcafee arrested -- economy. >>> and john mcafee arrested. ll. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ >>> well, stocks are up slightly on wall street. they've been bouncing back and forth a bit this morning, following news that europe will hold off on economical stimulus measures and unemployment benefit applications dropped last week with is consistent with moderate hiring and showing the impact of supersandy is over. the dow is currently up 5. nasdaq is up 10 and the s&p up 1. one stock to watch today is apple. checking right now, apple stock is up nearly 1% right now. it lost 6.4% of its value -- of its value yesterday. on another note, tim cook says apple will produce one of its existing lines next year. earlier this week, i fix it said it's already finding assembled in u
. >>> and john mcafee arrested -- economy. >>> and john mcafee arrested. ll. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ >>> well, stocks are up slightly on wall street. they've been...
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. >> tomorrow, he heads to michigan for an important event on the economy and the auto industry at the daimler detroit diesel plant. >>> the president has to decide who is going to make up his new cabinet. there is speculation whether united nations ambassador susan rice will replace hillary clinton. john kerry is also up for the post replacing leon panetta. he could tap into chuck habel. >> the president has a lot of good people to choose from. he wants to put together a team. especially with international affairs. a team that overall going into the second term doesn't look like a second team, looks like a group of second stringers. >> tim geithner will stay on until the inauguration. white house chief of staff jack lew is mentioned as a replacement. >>> lawmakers said they ignored warnings about a hurricane hitting the big apple. they said it as question of time before a hurricane flooding the subway system and causing power outages in new york city. they went unheeded because of budget cuts and skepticism about a likely storm. super storm sandy is blamed for causing 125 deaths and s
. >> tomorrow, he heads to michigan for an important event on the economy and the auto industry at the daimler detroit diesel plant. >>> the president has to decide who is going to make up his new cabinet. there is speculation whether united nations ambassador susan rice will replace hillary clinton. john kerry is also up for the post replacing leon panetta. he could tap into chuck habel. >> the president has a lot of good people to choose from. he wants to put together a...
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Dec 5, 2012
12/12
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KTVU
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trying to convince these business leaders that he has a plan to avoid the fiscal cliff and get the economy back on track. but he says it's going to take some sacrifice. here's a look at the president shaking hands with business leaders about 15 minutes ago and he's calli for tax increases on the wealthiest americans and an extension of tax rates for the middle school. talks have fallen apart in recent days. but the president insists he's working with republicans to try to get a deal. republicans are willing to cut -- >> reporter: republicans are willing to cut loopholes. here's what john boehner said. >> the revenues being put on the table are gonna come from guess who? the rich. >> reporter: republicans say it's clear to them that president obama is not serious about negotiating. reporting live from washington, d.c., alison burns, ktvu channel 2 news. >>> 8:17. we asked some people in the bay area whether they think the president and congress will reach an agreement on the fiscal cliff by the end of the year. >> they both have this position that they are not willing to back down from. i d
trying to convince these business leaders that he has a plan to avoid the fiscal cliff and get the economy back on track. but he says it's going to take some sacrifice. here's a look at the president shaking hands with business leaders about 15 minutes ago and he's calli for tax increases on the wealthiest americans and an extension of tax rates for the middle school. talks have fallen apart in recent days. but the president insists he's working with republicans to try to get a deal....
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Dec 4, 2012
12/12
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. >>> analysts are pointing to new car sales in november as another indication of an improving economy. some bay area dealerships may be out ahead of the trend. >>> u.s. car sales were up in november. >> confident. >> reporter: he says it's one of several indicaters the economy is recovering. >> the unemployment rate is declining slowly. gdp continues to grow. it looks like the housing market nationally may have bottomed out. it's a recovery, albeit perhaps a fractioned recovery. >> reporter: chrysler led detroit based automakers, up 14%. >>> the silicon valley auto dealers association represents about 60 santa clara county dealerships. the group won't have november numbers for another couple of weeks, but says so far this year, it's beating the national trend. >> certainly, we're seeing increased sales. again, some 25% year to date this year. >> reporter: this family owned buick dealership sold six cars over the weekend, including an acadia suv. they call that a good weekend, especially considering the rain. >> the whole question of what's going to happen in washington with these nego
. >>> analysts are pointing to new car sales in november as another indication of an improving economy. some bay area dealerships may be out ahead of the trend. >>> u.s. car sales were up in november. >> confident. >> reporter: he says it's one of several indicaters the economy is recovering. >> the unemployment rate is declining slowly. gdp continues to grow. it looks like the housing market nationally may have bottomed out. it's a recovery, albeit perhaps a...
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Dec 8, 2012
12/12
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KTVU
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eye 169
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. >> a sign of the recovering economy. the workplace tradition that's making a come back this holiday season. >> what would you like for christmas? >> my daddy to come home. >> and the early christmas request from a little girl in wisconsin. find out if the wish came true. . >> quite a chill in the air outside the door. some of us waking up with patchy dense fog once again. we will look at what you can expect for the area. a look at your afternoon highs coming up. >-.y÷$@y+o3vhpe . >>> it's one of the biggest weekends for company parties, we are told by the silicon venue that holiday party shows are making a come back, a survey backs that claim saying 83% of companies plan to host a holiday party this year and that's up from 68% last year. that is still well below 2007 when 90% of companies were hosting those. the fairmont hotel prepped for a party of 600 last night. >> 2010 we started to see a soft come back, 2011 was better, this year we are 30% above. >> some ways companies still cut back is to have the party at the of
. >> a sign of the recovering economy. the workplace tradition that's making a come back this holiday season. >> what would you like for christmas? >> my daddy to come home. >> and the early christmas request from a little girl in wisconsin. find out if the wish came true. . >> quite a chill in the air outside the door. some of us waking up with patchy dense fog once again. we will look at what you can expect for the area. a look at your afternoon highs coming up....
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Dec 8, 2012
12/12
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KICU
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it shows the economy added 146,000 jobs. many predicted fewer than 100,000 jobs. the unemployment rate fell to a four year low, 7.7%. that is down from 7.9% in october. the news on jobs drove up the dow today, the dow is up 81 to 13,155. the nasdaq is down 11 at 2,978. concerns about apple's future were blamed. >> how the tech industry is helping local businesses expand. >> temperatures in the mid-40s tomorrow. the changing conditions you can expect. >> and >>> a skateboarder died after being struck by a vehicle. it happened at 4:30 p.m. police say the skateboarder a 41-year-old was -- 21-year-old was in a cross walk when he was struck. >>> police are warning women to be on alert as they search for a man responsible for raping two women and attempting to assault a third. ktvu's amber lee asked police why it took them months to alert the public. >> reporter: we are on 23 street where the attacks took place. the owner of this business asked us for this flier so she could make copies to alert the neighborhood. >> reporter: she run as money transfer business. they are
it shows the economy added 146,000 jobs. many predicted fewer than 100,000 jobs. the unemployment rate fell to a four year low, 7.7%. that is down from 7.9% in october. the news on jobs drove up the dow today, the dow is up 81 to 13,155. the nasdaq is down 11 at 2,978. concerns about apple's future were blamed. >> how the tech industry is helping local businesses expand. >> temperatures in the mid-40s tomorrow. the changing conditions you can expect. >> and >>> a...
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Dec 6, 2012
12/12
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KICU
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treasury secretary, tim geithner said the administration is quote, absolutely ready to let the economy go over that cliff, rather than drop the higher tax rates for top earners. president obama also told a group of ceos, he won't republicans inject the threat of a government default into the current negotiations. >> that is a bad strategy for america. it is a bad strategy for your businesses, and it is not a game that i will play. >> in spite of the rhetoric, president obama and house speaker john boehner did speak by phone today for the first time in days. neither side is revealing what they discussed. >>> on wall street, stocks ended mixed with a fiscal cliff. the dow industrials gained 82 points amid optimism about a deal in washington perhaps in the next week. the tech heavy nasdaq fell 22 led lower by apple. its shares were 6% lower. apple's largest loss in a year. apple shares lost $37 to close at 538 and change. still apple stock is up more than $100 since the start of the year. >>> meantime, citigroup announced plans to cut 11,000 jobs, or 4% of its workforce. the company says
treasury secretary, tim geithner said the administration is quote, absolutely ready to let the economy go over that cliff, rather than drop the higher tax rates for top earners. president obama also told a group of ceos, he won't republicans inject the threat of a government default into the current negotiations. >> that is a bad strategy for america. it is a bad strategy for your businesses, and it is not a game that i will play. >> in spite of the rhetoric, president obama and...